International

International
Sabre Ends Aeroflot Deal, Cripples Russia’s Largest Airline
March 03, 2022

Airline software maker Sabre says it has ended its distribution agreement with Aeroflot, thus hamstringing Russia’s largest air carrier’s ability to sell tickets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

International
As Payments Firms Disclose Russia Exposure, Wall Street Takes Stock
March 03, 2022

Wall Street hates uncertainty, goes the saying. One key uncertainty investors hare is what happens in times of geopolitical crisis and in times of military action. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Ukraine’s Central Bank Reports ‘Smooth Functioning’
March 03, 2022

Ukraine’s banking system has managed to stay strong amid Russia’s invasion, the country’s central bank’s governor said Thursday (March 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

International
Russian Companies Scramble to Open Chinese Bank Accounts
March 03, 2022

Russian companies are scrambling to open accounts with a Chinese state bank in Moscow as a way to escape international sanctions imposed following Russia’s invasion of Ukraine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

International
New Zealand Starts B2G eInvoicing Program
March 02, 2022

New Zealand is making strides toward mandatory eInvoicing services, according to an Open Gov report Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

International
Rich Russians Turn to High-End Jewelry, Watches to Preserve Wealth
March 02, 2022

The Russian wealthy class, attempting to avoid the plummeting value of the ruble, are buying luxury jewelry and watches to retain the value of their savings, Bloomberg wrote Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
Russian Consumers Not Panicked by Sanctions, Report Says
March 02, 2022

Day after a number of countries imposed harsh sanctions on Russia over its invasion of Ukraine, consumers in that country are more resigned than anything else, Bloomberg News reported Wednesday (March 2). Get the Full Story Complete the form to unlock this article and enjoy...

International
Today in FinTech: RapiCredit Eyes Brazil; Crypto Not on Deck at LendingClub; M&T Bank Wants...
March 02, 2022

In today’s FinTech news, Colombian short-term lender RapiCredit is looking to grow across Brazil and the Caribbean, while the LendingClub puts crypto on the backburner to tackle more traditional growth. M&T Bank wants to make digital banks accountable to the same regulations other financial institutions...

International
EMEA Daily: China Will Sit Out Russia Sanctions; UK Regulator Bans Crypto Floki Inu Ad
March 02, 2022

In today’s top Europe, Middle East and Africa news, count China out of joining the West’s sanctions against Russia for its war on Ukraine, and the U.K.’s advertising regulator has pulled an ad by crypto company Floki Inu for an alleged breach of advertising standards....